2. Expanding a firms business strategy across international borders is essential in achieving competitive advantage at the market space and to maximize shareholders wealth. In fulfilling the managerial role, the management accountant would have to provide strategic direction to senior management regarding cost and revenue of its global business strategy

Required:

a. State and explain three (3) reasons why a multinational corporation would want to expand its business operations across international boards

b. Discuss two (2) potential limitation as a management accountant, you have envisaged to limit the firms expansion abroad.

3. identify and explain briefly three (3) similarities and two (2) differences between activity-based costing and the traditional system of assigning overheads to products.